SLB
Shortcut
0.62Normalized diluted EPS
+1.3% vs Street
Street
0.61Normalized diluted EPS
October 18 consensus snapshot
Real
0.64Issuer diluted EPS excluding charges and credits
Model download
Explore the assumptions and calculations behind the forecast.
Shortcut’s reasoning.
The five-segment build forecasts $9.27bn in revenue and $924.7m in net income excluding charges and credits. Dividing by approximately 1.496bn diluted shares gives normalized EPS of $0.62 versus the Street’s $0.61.
Segment growth and margins, corporate costs, financing and a 20.3% tax rate drive the earnings build. Historical EBITDA/D&A rounding gaps and minor presentation issues remain documented; the original EPS calculation is unchanged.
On the record.
- Reporting period
- Q3 2026
- Reporting basis
- Normalized diluted EPS excluding charges and credits; consensus normalized basis
- Consensus snapshot
- October 18, 2026
- Model / effort
- Opus 5.5 · High effort
- Workbook
- Reviewed workbook
Record history
- Forecast generated
- Oct 19, 2026 at 10:50 PM PDT
- First published
- Oct 20, 2026 at 1:54 AM PDT
Result basis
Diluted EPS excluding charges and credits was $0.64 versus GAAP diluted EPS of $0.49. Both figures are USD per diluted common share for the quarter ended September 30, 2026.
Research sources
- https://www.sec.gov/Archives/edgar/data/87347/000119312525241946/d83993dex99.htm
- https://www.sec.gov/Archives/edgar/data/87347/000119312526020133/d59412dex99.htm
- https://www.sec.gov/Archives/edgar/data/87347/000119312526174940/d111579dex99.htm
- https://www.sec.gov/Archives/edgar/data/87347/000119312526315068/d122193dex99.htm
- https://investorcenter.slb.com/static-files/3aa0dd6e-1dd9-410f-82a3-2df80cf58e75
- https://www.sec.gov/Archives/edgar/data/87347/000119312526322595/
- https://www.sec.gov/Archives/edgar/data/87347/000119312526190101/
- https://www.sec.gov/Archives/edgar/data/87347/000119312525246028/
- https://www.sec.gov/Archives/edgar/data/87347/000119312526021017/
- https://www.slb.com/newsroom/press-release/2026/pr-2026-0928-q3-earnings-call-announcement
- https://investorcenter.slb.com/static-files/b47909ec-13c4-4c09-a29b-853b04eb6558
- https://investorcenter.slb.com/static-files/1139ee84-e9dd-4cd2-abb9-cddc095b1c23
- https://investorcenter.slb.com/static-files/d1fa7696-b0a7-40bb-a77f-b6ca62def018
- https://investorcenter.slb.com/static-files/55302a14-51da-4f56-a671-09e64072a3ba
- https://www.sec.gov/Archives/edgar/data/87347/000119312526375358/d106278d8k.htm
- https://www.reuters.com/world/middle-east/saudi-oil-supply-hits-more-than-three-decade-low-after-houthi-attacks-iea-says-2026-09-11/
- https://www.reuters.com/business/energy/saudi-arabia-restarts-east-west-oil-pipeline-resume-exports-yanbu-sources-say-2026-09-22/
- https://www.iraqoilreport.com/news/iraqi-production-surges-on-partial-export-recovery-47982/
- https://drillingcontractor.org/ades-resumes-all-suspended-offshore-rigs-in-saudi-arabia-79312
- https://img.ogj.com/files/base/ebm/ogj/document/2026/09/6aa818bd5277f22c862c106e-international_rig_count.pdf
- https://finance.yahoo.com/markets/stocks/articles/earnings-preview-slb-slb-q3-130008802.html
- https://www.finhacker.cz/en/stocks/schlumberger-market-cap/
- https://equibles.com/stocks/slb/investor-relations
- https://markets.businessinsider.com/news/stocks/slb-price-target-lowered-to-56-from-57-at-bofa-1036594869
- https://www.kpler.com/blog/update-middle-eastern-supply-recovery-postponed-to-early-2027
- https://ir.halliburton.com/news-releases/news-release-details/halliburton-third-quarter-2026-earnings-conference-call
- https://insight.factset.com/sp-500-earnings-season-update-july-31-2026
- https://oilprice.com/Latest-Energy-News/World-News/Gulf-Producers-Find-Workarounds-As-Hormuz-Tensions-Persist.html
- https://beta.earningswhispers.com/stocks/SLB
- https://www.sec.gov/Archives/edgar/data/87347/000095017024116535/R4.htm
- https://www.sec.gov/Archives/edgar/data/87347/000095017025058413/R4.htm
- https://www.sec.gov/Archives/edgar/data/87347/000095017025098217/